Range trading: Crypto currency market as for 04/12/2018
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Here we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) predescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that if will be profitable with certain probability.
BTCUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 6502 Long position 2 (The price today will not fall below this mark with a probability 95%) 6279 Long position 3 (The price today does not fall below this mark with a probability 99%) 6055
Short position 1 (The price today does not rise above this mark with a probability of 68%) 7346 Short position 2 (The price today does not rise above this mark with a probability of 95%) 7569 Short position 3 (The price today does not rise above this mark with a probability of 99%) 7793
ETHUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 404.08 Long position 2 (The price today will not fall below this mark with a probability 95%) 389.16 Long position 3 (The price today does not fall below this mark with a probability 99%) 374.22
Short position 1 (The price today does not rise above this mark with a probability of 68%) 462.07 Short position 2 (The price today does not rise above this mark with a probability of 95%) 477.00 Short position 3 (The price today does not rise above this mark with a probability of 99%) 491.93
XRPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.5024 Long position 2 (The price today will not fall below this mark with a probability 95%) 0.4842 Long position 3 (The price today does not fall below this mark with a probability 99%) 0.4661
Short position 1 (The price today does not rise above this mark with a probability of 68%) 0.5662 Short position 2 (The price today does not rise above this mark with a probability of 95%) 0.5844 Short position 3 (The price today does not rise above this mark with a probability of 99%) 0.6025
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.